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Are pay rates slowly dropping?

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atomicarcheologist:

--- Quote from: SloGlo on Apr 01, 2016, 08:52 ---aye ain't elegant, butt fingered out an equation four yins. eye yam thinking that using an inflation rate wood bee moor simple than the complexities of the c.o.l. fore formula construction.

a=a(original)x(1-inflation rate as decimal)e t

ware:
a is the amount of hourly pay
a(original) is the amount of hourly pay at the start of time frame
e indicates exponent
t is time in years of the time frame

--- End quote ---

You are correct, the elegance isn't there. However the operation is so I'll take what is offered. The old AsubO formula? Nice approach for this forum. I was hoping for something with COL, maybe CPI variables incorporated, but this works fine.

SloGlo:

--- Quote from: Rennhack on Apr 01, 2016, 03:25 ---
$28/hr in 2008 is equal to $30.84 now.  So... you would need a raise of about 10% over 8 years.  Inflation has not changed much in that time.

--- End quote ---

like 1.1% a year, less than the low inflation rates in the last ate. looking at the last  fifteen will curl yore hare.

GLW:

--- Quote from: SloGlo on Apr 02, 2016, 02:32 ---like 1.1% a year, less than the low inflation rates in the last ate. looking at the last  fifteen will curl yore hare.

--- End quote ---
no surprises;

the number of commercial nukes are dwindling,...

highly experienced personnel stay in the workforce longer,...

the USN still pumps better than 1000 new bodies into the pool every year,...

the "stimulus spawn" was another fire hose dumping of bodies into the pool,...

there is that bow wave of retirements coming up, but you're in it,... :P ;) :) 8)

SloGlo:

--- Quote from: GLW on Apr 02, 2016, 03:01 ---no surprises;


there is that bow wave of retirements coming up, but you're in it,... :P ;) :) 8)



--- End quote ---

surfing that wave. bee nice two no theirs enough mass behind two ensure vector maintenance.

Rerun:

--- Quote from: BetaAnt on Mar 29, 2016, 06:00 ---Chicago Union Laborer 20 yrs - $42/ hr w/ benefits.

If you don't make nuclear welds, there is no bi-annual certification. Construction welders don't have the same requirements as nuclear.

--- End quote ---


Incorrect

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